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Thunder Mountain Gold, Inc. reports developments for a junior exploration company with base and precious metals interests in the western United States. The company’s principal asset is the South Mountain Mine in Owyhee County, Idaho, a historic zinc, silver, gold, lead and copper project, and it also owns the Trout Creek gold exploration project in Nevada.
Company news commonly covers South Mountain technical work and production-pathway evaluations, financing actions such as private placements, market-making arrangements, and governance matters including board roles, bylaw amendments and annual shareholder voting results. Updates also address agreements related to project funding and development planning.
Thunder Mountain Gold (OTCQB:THMG) has initiated Phase II field exploration at its South Mountain Project in Owyhee County, Idaho. The program features advanced Magnetotelluric (MT) surveys and comprehensive geophysical work targeting deep porphyry systems and expanding known Carbonate Replacement Deposits (CRD)/skarn mineralization.
The company has assembled a distinguished technical team including John Reynolds (Durango Geophysical), Rich Leveille (former Freeport-McMoRan SVP), and other industry experts. The South Mountain Project, located 70 miles southwest of Boise, has historical production of 53,642 tons with average grades of 14.5% Zn, 363.42 g/t Ag, 1.98 g/t Au, 1.4% Cu, and 2.4% Pb.
MT and IP surveys will continue through late summer, with interpretation and 3D modeling planned for Q4 2025. Drill targeting is underway for a potential late-2025 or early-2026 program.
Thunder Mountain Gold (OTCQB: THMG, TSXV: THM) has initiated its 2025 exploration season at the South Mountain Mine project in Owyhee County, Idaho. The company has deployed a team of geologists, geophysicists, and technicians to conduct comprehensive field work, including geological mapping, sampling, and advanced geophysical surveys.
The South Mountain project, a former Anaconda Mining producer, contains high-grade deposits of zinc, silver, gold, lead, and copper. Historical production from the mine averaged grades of 14.5% Zn, 363.42 g/t Ag, 1.98 g/t Au, 1.4% Cu, and 2.4% Pb. The company has invested approximately $25 million in the project since 2007 and has rehabilitated over 4,000 feet of underground workings.
Thunder Mountain Gold (OTCQB: THMG) has announced key executive appointments to strengthen its leadership team. Ron Espell has been appointed as Chief Operating Officer, bringing over 30 years of experience in environmental management, permitting, and mine development from companies including Barrick Gold, McEwen Mining, and Nevada Vanadium.
Rocky Chase joins as Vice President of Operations with 38 years of experience in mine development and operations. Chase previously served as Project Manager at South Mountain Mines, where he led underground core drilling and exploration efforts.
These appointments are aimed at advancing the company's South Mountain Project and other strategic initiatives. E. James Collord will remain on the Board while managing land issues and exploration efforts.
Thunder Mountain Gold (OTCQB: THMG) has announced the restart of technical work at its flagship South Mountain Mine in Owyhee County, Idaho. The company is focusing on updating its Mineral Resource Estimate (MRE) and advancing toward a Preliminary Economic Assessment (PEA).
The updated MRE will incorporate recent exploration results to better define the high-grade polymetallic mineralization of zinc, silver, gold, lead, and copper. The company is also conducting technical studies, including metallurgical testing and site optimization. Additionally, THMG plans expansive geophysical and geochemical work to follow up on previously identified copper porphyry targets in collaboration with Durango Geophysical Operations.
A strategic partnership with Swiss-based MFD Investment Holdings SA has provided $1,000,000 in project-related expenditures and technical support for development.
Thunder Mountain Gold (OTCQB: THMG) has successfully completed a non-brokered private placement, raising US$620,000 (CAD$868,000) through the sale of 12,400,000 units at US$0.05 each. Each unit includes one common share and one warrant, exercisable at US$0.10 for three years. The funding will be used to advance exploration at the South Mountain Project in Idaho and Trout Creek Project in Nevada, along with general working capital. No placement or brokerage fees were incurred.
The securities are subject to a six-month hold period under U.S. Securities Act and a four-month hold period under Canadian securities laws. The Company's primary asset is the South Mountain Mine, a historic former Anaconda Mining development of zinc, silver, gold, lead, and copper in Owyhee County, Idaho.
Thunder Mountain Gold (OTCQB: THMG) announces a non-brokered private placement of up to 13.4 million units at US$0.05 per unit, aiming to raise up to US$670,000. Each unit includes one common share and one warrant, exercisable at US$0.10 for 36 months. The proceeds will fund exploration and working capital. The placement is subject to TSX Venture Exchange approval and will be offered to accredited investors only. The company's main asset is the South Mountain Mine in Idaho, a historic polymetallic mine containing zinc, silver, gold, copper, and lead deposits.
Thunder Mountain Gold (OTCQB: THMG) (TSXV: THM) reports on newly acquired historical IP and airborne geophysical data at the South Mountain Project in Idaho. The data supports a conceptual model suggesting a copper-molybdenum porphyry system beneath or adjacent to high-grade zinc, silver, copper, and gold mineralization. Highlights include:
1. District-scale aeromagnetic and deep-penetrating IP survey data from the 1970s
2. Geochemical survey data from 2,300 rock chip and 850 soil samples
3. High copper geochemical assays exceeding 1,000 ppm
4. IP anomalies trending deep beneath known mineralization
5. Historical drill data showing a 500-foot thick interval exceeding 100 ppm molybdenum
The company plans further exploration, including extending IP lines and adding Magnetotelluric coverage to investigate deeper into the system.
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